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Goa's offshore casino business booming

22 July 2009

GOA, India As reported by the Indo Asia News Service: "Once known as a hot-spot for hippies, Goa's new found reputation as a gambling destination appears to be catching on fast. In financial year 2008-09, nearly 121,000 gamblers visited the state's five offshore casinos.

"Figures released by Commissioner of Commercial Taxes ...indicate that among the casinos in the Mandovi river, off Panaji, the most popular turned out to be the oldest one - M.V. Caravela owned by Advani pleasure cruises.

"Caravela was frequented by nearly 36,000 gamblers. The casino, which has been in operation since 1999, put nearly Rs.1.39 crore into the government coffers by way of entertainment tax..."

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